HALISTER1: Dobson, Scourfield Get Prison Terms for HBOS Fraud Scheme

Dobson, Scourfield Get Prison Terms for HBOS Fraud Scheme

(Bloomberg) -- An ex-HBOS Plc banker was jailed for more than 11 years and a turnaround consultant got a 15-year sentence for their part in a fraud and corruption trial that lost the bank approximately GBP250M.
  • Ex-HBOS employee Lynden Scourfield, 54, was sentenced to 11 years and three months by London judge
  • Turnaround consultant David Mills, 60, gets 15 years in prison
  • Second ex-HBOS employee Mark Dobson jailed for 4 1/2 years
  • Mills’ wife Michael Bancroft and John Cartwright also handed jail terms
NOTE: Ex-HBOS Bankers Guilty in Fraud That Cost Bank $315 Million NSN OKLQJQ6K50XU
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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